##
##
##
##
##
##
##
||||||Page|
|---|---|---|---|---|---|
|Trustees' annual report|(incorporating|the director's report)||||
|Independent
auditor's|report tothe members|||||
|Statement offinancial|activities (including||income and expenditure|account)|12|
|Statement offinancial|position||||13|
|Statement ofcash flows|||||14|
|Notes tothe financial|statements||||15|
##
##
##
|Reference|and administrative
det|and administrative
det|ails|||
|---|---|---|---|---|---|
|Registered|charity name||Action Foundation|||
|Charity registration||number|1132051|||
|Company|registration|number|6946097|||
|Principal|office and registered||The CastleGate|||
|office|||Melbourne
Street|||
||||Newcastle
upon Tyne|||
||||NE1 2JQ|||
|The trustees||||||
|W A Coulson||||||
|RLEvans|||(Resigned 25 May 2020)|||
|JPPowell|||(Resigned 23 April 2020)|||
|A C Smith|||(Resigned 20 January|2021)||
|MFHall||||||
|DLyall||||||
|M Mesgamezhad||||||
|GOksi|||(Appointed
16July 2020)|||
|Company|secretary||JLPrior (Resigned 28 June 2021)|||
||||DMcAuley (Appointed
28 June 2021)|||
|Auditor|||Stephenson
Coates Audit Limited|||
||||Chartered
accountant|dt statutory|auditor|
||||West 2, Asama Court|||
||||Newcastle Business Park|||
||||Newcastle
upon Tyne|||
||||NE4 7YD|||
|Bankers|||Co-operative Bank pic|||
||||PO Box250|||
||||Skelmersdale|||
||||WN8 6WT|||
||||Unity Trust Bank pic|||
||||Nine Brindleyplace|||
||||Birmingham|||
||||B12HB|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||3|1March 2021||||
|---|---|---|---|---|---|---|---|
||||||2021||2020|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|||f.||
|Income and endowments||||||||
|Donations
and grants|||5|272,590|850,377|1,122,967|820,109|
|Charitable
activities|||6|327,077|286,052|613,129|860,643|
|Other trading activities||||8,257||8457|11,465|
|Total income||||607,924|1,136,429|1,744,353|1,692,217|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Costs ofraising donations||and||||||
|legacies|||7|101,430||101&430|106,819|
|Expenditure
on charitable|activities||8,0|346,841|1,129,571|1&476,412|1,285,337|
|Total expenditure||||448,271|1,129,571|1&577&842|1,392,156|
|Net income / (expenditure)||||159,653|6,858|166,511|300,061|
|Transfers between funds||||96,100|(96,100)|||
|Net movement
in funds||||255,753|(89,242)|166&511|300,061|
|Reconciliation offunds||||||||
|Total funds brought
forward||||349,180|420,913|770,093|470,032|
|Total funds carried forward||||604,933|331,671|936,604|770,093|
##
##
||||2021||2020|
|---|---|---|---|---|---|
|Fixed assets||||||
|Tangible fixed assets||14||227,000|125,000|
|Current
assets||||||
|Debtors||18|117,152||167,542|
|Cash at bank and in hand|||785,144||626,327|
||||902896||793,869|
|Creditors: amounts|falling due within one year|16|110,838||53,672|
|Net current assets||||791)458|740,197|
|Total assets less current liabilities||||1,018,458|865,197|
|Creditors: amounts|falling due after more than one|||||
|year||17||81,854|95,104|
|Net assets||||936,604|770,093|
|Funds ofthe charity||||||
|Restricted funds||||331,671|420,913|
|Unrestricted
funds||||604,933|349,180|
|Total charity funds||19||936,604|770,093|
##
##
##
##
||Year ended 31March 20|21||
|---|---|---|---|
|||2021|2020|
|Cash flows from operating|activities|||
|Net income||166,511|300,061|
|Adjustments for:||||
|Interest payable
and similar|charges|1,750|1,750|
|Accrued (income)/expenses||3r250|(974)|
|Changes in:||||
|Trade and other debtors||50490|(91,495)|
|Trade snd other creditors||43,916|28,697|
|Cash generated
Rom operations||265,817|238,039|
|Net cash (rom operating
activities||265,817|238,039|
|Cash flows from investing|activities|||
|Paytnents
for the acquisition ofProperty||(102,000)||
|Net cash used in investing|activities|(102,000)||
|Cash flows from financing|activities|||
|Repayments
ofborrowings||(5,000)|(5,000)|
|Net cash used in financing|activities|(5,000)|(5,000)|
|Net increase in cash and cash equivalents||158,817|233,039|
|Cash and cash equivalents|at beginning ofyear|626,327|393,288|
|Cash and cash equivalents|at end ofyear|785,144|626,327|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Donations
and Grants||||||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2021|
||||||6|5|8|
|Donations||||||||
|Donations|||||73,430||73,430|
|Gi& Aid|||||13,933||13,933|
|Donated facilities and|services +||||149,227||149,227|
|Grants||||||||
|The Aurum
Charitable|Trust||||35,000||35,000|
|Barclays Bank UK Covid-19||Cotnmunity||Relief Funding||100,000|100,000|
|Buildings
Connections|Fund|||||20,727|20,727|
|Changing
Lives (&um|Newcastle||City Council)|||17,160|17,160|
|Crisis UK"||||||60,000|60,000|
|Community
Foundation
for Tyne|||dt Wear|and|1,000|16,479|17,479|
|Northumberland*||||||||
|ESOL for Integration|Fund+|||||175,674|175,674|
|Henry
Smith Charity||||||22,950|22i950|
|Jill Franklin Trust||||||3,000|3,000|
|Leslie Aldridge
Trust||||||96,100|96,100|
|Lloyds Bank Foundation
for||England
dt Wales||||39,838|39,838|
|NET DCMS BigNight In Match|||Fund-|||29,100|29,100|
|Next Steps Accommodation||Programme+||||62,294|62494|
|The North ofTyne Combined||Authority||||53,108|53,108|
|The Paul Hamlyn
Foundation
Pea Green Boat Community||First|Fund '|||60,000
9,126|60,000
9,126|
|Refugee Action||||||58,071|58,071|
|The Sir James Knott Trust||||||7,000|7,000|
|The Vardy Foundation||||||10,000|10,000|
|Virgin Money Foundation||||||9,750|9,750|
||||||272,590|850,377|1,122,967|
##
##
##
##
||||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2020|
|Donations||||||||
|Donations|||||34,755|52,770|87,525|
|Gift Aid|||||11,305||11405|
|Donated facilities and|services +||||297,617||297&617|
|Grants||||||||
|AB Charitable
Trust||||||20,000|20,000|
|Buildings
Connections|Fund|||||41,040|41,040|
|Changing
Lives (from
Controlling
Migration|Newcastle
Fund "||City|Council)||17,155
135,497|17,155
135,497|
|Grigor McClelland
Fund s|||||1,400|28,600|30,000|
|Henry
Smith Charity||||||45,200|45,200|
|Joyce Trust||||||5,000|5,000|
|Lloyds Bank Foundation
for||England||itb Wales||28,106|28&106|
|National
Lottery Community||Fund||||21,149|21&149|
|Newcastle Fund||||||15,803|15,803|
|Newcastle University
Pea Green Boat Community||First|Fund "|||4,053
9,090|4,053
9,090|
|The Rayne Foundation||||||5,000|5,000|
|Refugee Action (Early|Action Programme)-|||||39,104|39&104|
|Shadow Fund||||||465|465|
|The Sir James Knott Trust||||||7,000|7,000|
##
##
##
##
|Charitable
activities|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|TotalFunds|
|||Funds|Funds|2021|
|||||8|
|Action Language|||||
|Action Letting||160,270|240,405|400,675|
|Action Access||166,807||166,807|
|Digital Inclusion|||45,647|45,647|
|||327,077|286,052|613,129|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|Action Language||24,540||24,540|
|Action Letting||250,821|285,796|536,617|
|Action Access|||299,486|299,486|
|Digital Inclusion|||||
|||275,361|585,282|860,643|
|Costs ofraising donations|and grants||||
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
||||8||
|Wages and salaries||85,625||85,625|
|Employer's MC||7,724||7,724|
|Pension costs||3,526||3,526|
|Fundraising
costs||4,556||4456|
|||101,430||101,430|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|Wages and salaries||85,558||85,558|
|Employer's MC||7,407||7,407|
|Pension costs||4,030||4,030|
|Fundraising
costs||9,824||9,824|
|||106,819||106,819|
##
##
##
##
|Expenditure
on charitable|activities by fund type||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||f,|||
|Action Language||79,401|243,803|323,204|
|Action Housing||69,873|160,387|230460|
|Action Letting||136,569|326,653|463422|
|Action Access|||134,553|134,533|
|Interaction||25,408|61,952|87,360|
|Digital Inclusion||6,352|93,491|99,844|
|COVID-response|||79,494|79,494|
|Supportcosts||29,238|29,238|58,476|
|||346,841|1,129,571|1,476,412|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
||||6|6|
|Action Language||191,735|161,310|353,045|
|Action Housing||136,395|44,387|180,782|
|Action Letting||53,033|369,535|422,568|
|Action Access|||193,429|193,429|
|Interaction||16,742|55,218|71,960|
|Digital Inclusion|||||
|COVID-response|||||
|Support costs||27,882|29,895|57,777|
|||431,563|853,774|1,285,337|
|Expenditure
on charitable|activities by activity type||||
||Activities||||
||undertaken||Total funds|Total funds|
||directly|Support costs|2021|2020|
|Action Language|323,640|9,152|332,792|370,348|
|Action Housing|230,645|8,053|238,698|187,811|
|Action Letting|462,225|17,491|479,716|441,621|
|Action Access|134,553||134&553|202,080|
|Interaction|87,500|2,929|90&429|75,745|
|Digital Inclusion|99,879|732|100&611||
|COVID-response|79,494||79,494||
|Donations||5,200|5,200|5,776|
|Governance
costs||14,919|14,919|1,956|
||1,417,936|58,476|1,476,412|1,285,337|
##
##
##
##
##
|0.
Analysis||ofs|upport costs||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Acdon|Action|Action||Action|Inter-||Digital||COVID-|Total|Total|
||||Language|Housing|Letting||Access|action||Inclusion||response|2021|2020|
|||||||5|||||||8|f.|
|Premises|||1,500|1,320||2,580||480||120|||6,000|4,843|
|General office|||1,822|1,603||3,134||583||146|||7488|12,994|
|Governance|||3,730|3,282||6,415||1,194||298|||14,919|1,956|
|costs s|||||||||||||||
|Conferences|dt||1,360|1,197||2,340|—|435||109|||5,441|9,695|
|training|||||||||||||||
|Legal dt|||3,016|2,654||5,187||965||241|||12,062|9,588|
|professional|fees||||||||||||||
|Travel|||40|35||69||13|||3||161|475|
|Marketing
dt|||2,440|2,147||4,197||781||195|||9,760|13,630|
|Fundraising|||||||||||||||
|Bank charges|||262|231||451||84|||21||1,050|539|
|Misc expenses|||11|10||19|||4||I||45|2,307|
|Loan interest||||||1,750|||||||1,750|1,750|
||||14,181|12,480||26,142|—|4,538||1,135|||58,476|57,777|
|Recruitment|costs for the new CEO have been included||||||in here||||||||
|1. Auditors||remuneration|||||||||||||
|||||||||||||2021|2020||
|||||||||||||8|||
|Fees payable|||for the audit|ofthe financial||statements||||||1,986|1,986||
|2. Staffcosts|||||||||||||||
|The total||staff costs and employee
benefits for the|||||reporting|period|are analysed||as|follows:|||
|||||||||||||2021|2020||
|||||||||||||8|||
|Wages|and salaries|||||||||||655,149|527,236||
|Social security costs||||||||||||53,902|43,240||
|Employer||contributions
to pension plans||||||||||47,484|40,234||
|||||||||||||756,535|610,710||
|The average|||head count ofemployees||during the year was 29(2020:24).||||||||||
##
##
##
##
##
##
||Remuneration
costs relating to Key Management|Remuneration
costs relating to Key Management|Remuneration
costs relating to Key Management|Personnel:||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||||||||5|
||Chief Executive Officer|||||54,307|46,497|
||Senior Leadership
Team|||||116,313|68,597|
||The above amount includes gross salary with non-contributory||||pension contribution of6%.|||
||No furlough
income was recognised||in the financial year.|||||
|14.|Tangible fixed assets|||||||
||||||Land and|||
||||||buildings|Equipment|Total|
||||||5||8|
||Cost|||||||
||At beginning ofyear||||125,000|10,471|135,471|
||Additions||||102000||~102 00|
||At end ofyear||||227,000|10,471|237,471|
||Depreciation|||||||
||At 1 April 2020 and 31March 2021|||||10,471|10,471|
||Carrying
amount|||||||
||At 31March 2021||||227,000||227)000|
||At 31Mamh 2020||||125,000||125,000|
|15.|Debtors|||||||
|||||||2021|2020|
|||||||8||
||Trade debtors|||||31,697|149,197|
||Other debtors|||||85,455|18,345|
|||||||117,152|167,542|
|16.|Creditors: amounts|fafiing due within one year||||||
|||||||2021|2020|
||Loans|||||15,000|5,000|
||Social security and other taxes|||||16315|35,247|
||Other creditors|||||32,866|13,425|
||Accruals and deferred|income||||46,657||
|||||||110,838|53,672|
|17.|Creditors: amounts|faning due after more than||one year||||
|||||||2021|2020|
|||||||81,854|95,104|
##
##
##
##
##
##
##
|||||||||At|
|---|---|---|---|---|---|---|---|---|
||At|I April 2020|Income|Expenditure||Transfers|31|March 2021|
|General funds||349,1$0|607,924||(448,271)|96,100||604,933|
|Restricted funds||At||||||At|
|||1 April 2020|Income||Expenditure|Transfers|31|March 2021|
|||||||||8|
|Action Language||164,141|244,9$3||(243,802)|||165@22|
|Action Housing||$,524|278,723||(170,387)|(96,100)||20,760|
|Action Letting||90,907|331,646||(341,653)|||80,900|
|Action Access||134,553|||(134,553)||||
|Interaction||22,7$8|5$,551||(66,152)|||15)1$7|
|Digital Inclusion|||112,387||(93,529)|||18)858|
|COVID-response|||110,139||(79,494)|||30&645|
|||420,913|1,136,429||(1,129,571)|(96,100)||331,671|
|Analysis|ofnet ass|ets between funds|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|Total Funds|
||||Funds|Funds|2021|2020|
||||||6||
|Tangible fixed assets|||227,000||227,000|125,000|
|Current assets|||570,625|331,671|902,296|793,869|
|Creditors|less than|1 year|(110,$38)||(110,838)|(53,672)|
|Creditors|greater than I year||(81,854)||(81,854)|(95,104)|
|Net assets|||604,933|331,671|936,604|770,093|
##
|Durin|g the y|ear the company
entered|into the following transa|ctions|with rel|ated parties:|ated parties:|
|---|---|---|---|---|---|---|---|
||||Transaction|value||Balance owed by/(owed to)||
||||2021||2020|2021|2020|
||||f.|||||
|City|Church|Newcastle|46,714||35,660|||
||||46,714||35,660|||